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Single-Tenant Office Unit
For Sale
$784,363

4815 State Highway 121, The Colony, TX 75056

CommercialSale, The Colony, TX

Property SizeContact for details
Lot Size0.04 Acres
Days on Market66

Property Features for 4815 State Highway 121

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Planned Development (PD)
Subdivision 121 Office Plaza Condo
Directions Located at 4815 SH 121 in The Colony, the property sits along the north side of State Highway 121. From Dallas North Tollway, head north and exit toward SH 121, then merge east. Continue on SH 121 for approximately 2 miles-the property will be on your right with direct frontage and easy access.
Standard status Active
APN R655706
Lot size 0.04 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

pylon signage
washer and dryer hookups

Building Details

Year built 2015
Floors in Building 1
Number of units 1
Flooring type Engineered
Building materials Brick
Roof type Composition
Listing Agency: Younger Partners Dallas, LLC
Listed By: Jennifer Permenter · License #0397828
Added: Jul 11 Changed: Sep 11 Last Checked: Sep 14 at 12:06AM
MLS# 21249192

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This single-tenant office unit includes seven rooms, two restrooms, two showers, and a break room. Plumbing serves all seven rooms, with washer and dryer hookups also provided. Interior finishes were completed in 2024, and the property features engineered flooring, brick construction, central heating, and central air conditioning. Public water and sewer serve the property.

The office is located at 4815 State Highway 121 in The Colony, with frontage along SH 121 and prominent pylon signage. PD 11 zoning allows uses including medical, dental, general office, personal service, and tutoring operations. The property is subject to management by the 121 Office Plaza Condominium Association and is structured as an NNN property with a 7% Year 1 cap rate.

Key Highlights

  • Seven‑room office unit with two restrooms, two showers, and one break room
  • Plumbing in all 7 rooms plus washer and dryer hookups
  • Interior finishes completed in 2024

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Garden Center Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 75056, TX

67,570
Population
28,102
Households
2.4
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
23.6 sq mi
ZIP Area
2,863
Density / Sq Mi
$116,806
Median Household Income
$64,197
Median Earnings
$1,808
Median Rent
$414,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Seven-room office configuration with plumbing, showers, and a break room supports professional and medical uses.
Where is this office units located?
The property is located at 4815 State Highway 121 The Colony, TX.
What is the asking price?
The asking price for this property is $784,363.
What are key features of this property?
This property features: Seven‑room office unit with two restrooms, two showers, and one break room; Plumbing in all 7 rooms plus washer and dryer hookups; Interior finishes completed in 2024
More about this property
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